🇷🇺Russia to treat export of crypto mining as a commodity.
The Russian Ministry of Finance has proposed a new approach to treat domestically mined cryptocurrency as an exportable commodity akin to natural gas.
This concept was introduced during a discussion on the future of digital finance in Russia.
The Russian Ministry of Finance has proposed a new approach to treat domestically mined cryptocurrency as an exportable commodity akin to natural gas.
This concept was introduced during a discussion on the future of digital finance in Russia.
📣 Sony BBC Earth makes people ‘Feel Alive’ with Metaverse experience
The brand has developed two virtual worlds offering an unparalleled journey into the metaverse. Sony BBC Earth is giving viewers an opportunity to step into the Polar region and witness the breathtaking Aurora lights, inhabited by enchanting beings like penguins, seals, and polar bears. Tropical rainforest gives a chance to take a walk through alongside the lush green canopy teeming with exotic animals such as the Toucan, Cheetah, Crocodile, and Jackal. Sony BBC Earth in collaboration with The Little Flea Market is extending the metaverse experience to people of all ages. It promises a visual extravaganza, and an immersive adventure, providing attendees with an experience like never before. Scheduled for the 8th, 9th, and 10th of December 2023, from 3:00 PM to 11:00 PM, at the MMRDA Grounds, BKC, Mumbai, the Sony BBC Earth Metaverse kiosk is all set to curate unique and eclectic experiences. By creating some of the most pristine and inaccessible terrains on Metaverse, we are glad to offer an opportunity to experience the wonders of the world like never before.
The brand has developed two virtual worlds offering an unparalleled journey into the metaverse. Sony BBC Earth is giving viewers an opportunity to step into the Polar region and witness the breathtaking Aurora lights, inhabited by enchanting beings like penguins, seals, and polar bears. Tropical rainforest gives a chance to take a walk through alongside the lush green canopy teeming with exotic animals such as the Toucan, Cheetah, Crocodile, and Jackal. Sony BBC Earth in collaboration with The Little Flea Market is extending the metaverse experience to people of all ages. It promises a visual extravaganza, and an immersive adventure, providing attendees with an experience like never before. Scheduled for the 8th, 9th, and 10th of December 2023, from 3:00 PM to 11:00 PM, at the MMRDA Grounds, BKC, Mumbai, the Sony BBC Earth Metaverse kiosk is all set to curate unique and eclectic experiences. By creating some of the most pristine and inaccessible terrains on Metaverse, we are glad to offer an opportunity to experience the wonders of the world like never before.
🔫 CHER MAKES METAVERSE DEBUT AS WARNER MUSIC AND GAMEFAM LAUNCH FESTIVE ROBLOX EVENT
Legendary singer Cher has made her metaverse debut to promote her latest album, Christmas, in collaboration with Warner Music Group and metaverse game developer Gamefam. The initiative, launched on Friday (December 8), is aimed at connecting with a burgeoning audience of younger music fans, who can purchase “limited-time” virtual merchandise inspired by Cher’s “iconic looks”. WMG and Gamefam launched music-themed world Harmony Hills in February 2023 ahead of the Saweetie Super Bowl concert The platform offers players a blend of social role-playing and musical entertainment, featuring limited-time events with Warner Music artists. The launch of the virtual world came two years after Warner Music Group joined a $520 million Series H investment round in Roblox Corp. The partnership has led to other offerings on Roblox, including Rhythm City in January of this year, which the label described as “a first-of-its-kind music-themed social roleplay experience”. Some of the key stats for Harmony Hills include over 10.5 million lifetime gameplay sessions and an 8.3-minute average session length. The venture marks a significant move for Cher, allowing her to connect with the 70 million.
Legendary singer Cher has made her metaverse debut to promote her latest album, Christmas, in collaboration with Warner Music Group and metaverse game developer Gamefam. The initiative, launched on Friday (December 8), is aimed at connecting with a burgeoning audience of younger music fans, who can purchase “limited-time” virtual merchandise inspired by Cher’s “iconic looks”. WMG and Gamefam launched music-themed world Harmony Hills in February 2023 ahead of the Saweetie Super Bowl concert The platform offers players a blend of social role-playing and musical entertainment, featuring limited-time events with Warner Music artists. The launch of the virtual world came two years after Warner Music Group joined a $520 million Series H investment round in Roblox Corp. The partnership has led to other offerings on Roblox, including Rhythm City in January of this year, which the label described as “a first-of-its-kind music-themed social roleplay experience”. Some of the key stats for Harmony Hills include over 10.5 million lifetime gameplay sessions and an 8.3-minute average session length. The venture marks a significant move for Cher, allowing her to connect with the 70 million.
The Ethereum community officially adopts ERC-3643 as a compliant asset tokenization standard
The Ethereum community has officially signed the Ethereum Improvement Proposal (EIP) ERC-3643, establishing it as the recognized standard for tokenization of real-world assets.
The Ethereum community has officially signed the Ethereum Improvement Proposal (EIP) ERC-3643, establishing it as the recognized standard for tokenization of real-world assets.
🔫 The global metaverse gaming market set to surge 1085.92% by 2030
The metaverse gaming market denotes a virtual space where players engage in real-time interactions, bridging the gap between physical and digital realms. Fueled by technological advancements such as augmented reality and blockchain, the metaverse in gaming has already transformed the landscape of interactive digital experiences. According to CoinJournal.net, the global metaverse gaming market is set to experience a significant change, with projections indicating a substantial leap from $14.2 billion in 2023 to a staggering $168.4 billion by 2030. Several factors contribute to the remarkable growth anticipated in the metaverse gaming market. First and foremost is the rapid advancement of technology, including augmented reality (AR) and virtual reality (VR). These technologies are creating immersive gaming experiences that go beyond traditional boundaries, enticing players into expansive virtual worlds. The shift in consumer behavior is another significant driver of the metaverse’s expansion. Gamers are increasingly seeking more than just isolated gaming experiences; they crave interconnected universes where they can socialize, create, and explore. The metaverse offers an answer to these demands, providing a holistic environment where players can engage with a multitude of activities beyond gaming.
The metaverse gaming market denotes a virtual space where players engage in real-time interactions, bridging the gap between physical and digital realms. Fueled by technological advancements such as augmented reality and blockchain, the metaverse in gaming has already transformed the landscape of interactive digital experiences. According to CoinJournal.net, the global metaverse gaming market is set to experience a significant change, with projections indicating a substantial leap from $14.2 billion in 2023 to a staggering $168.4 billion by 2030. Several factors contribute to the remarkable growth anticipated in the metaverse gaming market. First and foremost is the rapid advancement of technology, including augmented reality (AR) and virtual reality (VR). These technologies are creating immersive gaming experiences that go beyond traditional boundaries, enticing players into expansive virtual worlds. The shift in consumer behavior is another significant driver of the metaverse’s expansion. Gamers are increasingly seeking more than just isolated gaming experiences; they crave interconnected universes where they can socialize, create, and explore. The metaverse offers an answer to these demands, providing a holistic environment where players can engage with a multitude of activities beyond gaming.
🔫 BharatBox Brings The Mahabharata To the World Of Metaverse
BharatBox, the India destination within The Sandbox, in collaboration with Mythoverse, the vanguard of transmedia storytelling, recently unveiled a celestial partnership with their project: Mahabharata in the metaverse. This alliance marks a revolutionary stride in digital storytelling, reimagining the Mahabharata, an epic ingrained in Indian ethos, as an immersive metaverse experience, said the company in a statement. With this, the Mahabharata, a timeless saga of honor, valor, and destiny, finds new life in the BharatBox metaverse. Here, ancient lore meets modern technology, creating a multi-dimensional experience transcending time and space. Through the brilliance of Mythoverse's storytelling, the Mahabharata unfolds in a vivid, narrative-driven adventure, beckoning audiences from across the globe to witness the grandeur of Indian epics like never before. BharatBox is a joint venture company between Brinc and Sandbox set up to create a new cultural hub featuring key partners from India's entertainment, art, and sports sectors, including Bollywood.
BharatBox, the India destination within The Sandbox, in collaboration with Mythoverse, the vanguard of transmedia storytelling, recently unveiled a celestial partnership with their project: Mahabharata in the metaverse. This alliance marks a revolutionary stride in digital storytelling, reimagining the Mahabharata, an epic ingrained in Indian ethos, as an immersive metaverse experience, said the company in a statement. With this, the Mahabharata, a timeless saga of honor, valor, and destiny, finds new life in the BharatBox metaverse. Here, ancient lore meets modern technology, creating a multi-dimensional experience transcending time and space. Through the brilliance of Mythoverse's storytelling, the Mahabharata unfolds in a vivid, narrative-driven adventure, beckoning audiences from across the globe to witness the grandeur of Indian epics like never before. BharatBox is a joint venture company between Brinc and Sandbox set up to create a new cultural hub featuring key partners from India's entertainment, art, and sports sectors, including Bollywood.
🔫 'One Point Five' climate-related newspaper in metaverse world launched at COP28
The COP28 conference witnessed the launch of the "One Point Five" newspaper dedicated to climate and environmental issues in the metaverse world to shed light on the repercussions of climate change and its impact on the environment. In a statement to the Emirates News Agency (WAM) during the conference, Khaled Ammar, Founder of the "One Point Five" newspaper, shared details about the newspaper, which integrates virtual reality, metaverse, and artificial intelligence technologies. Ammar, who is also a journalist, lecturer and writer at the International Journalists Network in Washington, explained that the idea of the newspaper aims to keep pace with the massive technological advancements in the metaverse world. Additionally, it actively contributes to easing the burden on nature by utilising virtual media. He added that the newspaper was launched by a group of Egyptian journalists, featuring a virtual studio, an editorial hall, meeting and lecture rooms, and a training centre. Through these facilities, they work to provide live models of nature, reducing physical visits to reserves and forests by allowing virtual exploration.
The COP28 conference witnessed the launch of the "One Point Five" newspaper dedicated to climate and environmental issues in the metaverse world to shed light on the repercussions of climate change and its impact on the environment. In a statement to the Emirates News Agency (WAM) during the conference, Khaled Ammar, Founder of the "One Point Five" newspaper, shared details about the newspaper, which integrates virtual reality, metaverse, and artificial intelligence technologies. Ammar, who is also a journalist, lecturer and writer at the International Journalists Network in Washington, explained that the idea of the newspaper aims to keep pace with the massive technological advancements in the metaverse world. Additionally, it actively contributes to easing the burden on nature by utilising virtual media. He added that the newspaper was launched by a group of Egyptian journalists, featuring a virtual studio, an editorial hall, meeting and lecture rooms, and a training centre. Through these facilities, they work to provide live models of nature, reducing physical visits to reserves and forests by allowing virtual exploration.
OKX NFT Marketplace Claims First Place in Dapp Radar Rankings, Surpassing Blur and OpenSea on December 13
OKX today announced that its NFT Marketplace has secured the top spot in Dapp Radar's ranking of NFT marketplaces on December 13. Surpassing other marketplaces like Blur and OpenSea, OKX NFT Marketplace has emerged as the go-to platform for NFT traders and enthusiasts.Dapp Radar ranks NFT marketplaces based on a combination of factors that reflect their popularity and activity, such as the average price of NFTs sold on the marketplace, number of unique traders on the platform and trading volume.
In addition to its top ranking on Dapp Radar, OKX NFT Marketplace has also made significant strides in the BTC ordinals space. Its Ordinals Market, a leading platform for trading and inscribing BRC-20 and BTC NFTs, recently reached a percentage share of volume by marketplace of 91.7% on November 19 and 90.2% on November 21.
OKX today announced that its NFT Marketplace has secured the top spot in Dapp Radar's ranking of NFT marketplaces on December 13. Surpassing other marketplaces like Blur and OpenSea, OKX NFT Marketplace has emerged as the go-to platform for NFT traders and enthusiasts.Dapp Radar ranks NFT marketplaces based on a combination of factors that reflect their popularity and activity, such as the average price of NFTs sold on the marketplace, number of unique traders on the platform and trading volume.
In addition to its top ranking on Dapp Radar, OKX NFT Marketplace has also made significant strides in the BTC ordinals space. Its Ordinals Market, a leading platform for trading and inscribing BRC-20 and BTC NFTs, recently reached a percentage share of volume by marketplace of 91.7% on November 19 and 90.2% on November 21.
🔫 Oasys taps rollup platform AltLayer to simplify metaverse deployment
Gaming-focused blockchain Oasys collaborated with zero-knowledge rollup platform AltLayer to simplify the deployment of metaverses within the Oasys ecosystem. Oasys announced Tuesday that the partnership will use AltLayer’s rollup-as-a-service feature to provide a simpler experience to builders who want to launch blockchain games and metaverses within the Oasys network. In February 2022, Oasys launched its network to increase the mainstream adoption of play-to-earn (P2E) blockchain games. The network touts its “zero gas fee experience” and asset portability between projects built within it. The blockchain’s founding team included bigshots in gaming and crypto gaming. He also noted that with the number of small and medium-sized developers expected to increase, the team believes it’s important to provide a platform where creating a “Verse” within the second layer of Oasys’ two-layer architecture is easy. The environment around blockchain gaming had “definitely evolved,” and he sees the industry as “thicker” than the previous year.
Gaming-focused blockchain Oasys collaborated with zero-knowledge rollup platform AltLayer to simplify the deployment of metaverses within the Oasys ecosystem. Oasys announced Tuesday that the partnership will use AltLayer’s rollup-as-a-service feature to provide a simpler experience to builders who want to launch blockchain games and metaverses within the Oasys network. In February 2022, Oasys launched its network to increase the mainstream adoption of play-to-earn (P2E) blockchain games. The network touts its “zero gas fee experience” and asset portability between projects built within it. The blockchain’s founding team included bigshots in gaming and crypto gaming. He also noted that with the number of small and medium-sized developers expected to increase, the team believes it’s important to provide a platform where creating a “Verse” within the second layer of Oasys’ two-layer architecture is easy. The environment around blockchain gaming had “definitely evolved,” and he sees the industry as “thicker” than the previous year.
🖼 Enjin completes Ethereum to Polkadot NFT migration
Longstanding blockchain gaming platform Enjin has completed its migration from Ethereum to its new Polkadot-based Enjin Blockchain, which is specifically designed for NFTs. Launched in 2017, over 200 million NFTs have been minted on Enjin’s Ethereum-based platform and users can now migrate all these assets using Enjin’s migration tools. In addition, Enjin is providing free transactions on its new blockchain for the next three months. More generally, Enjin’s decision to move to Polkadot enables its ecosystem to take advantage of features including a throughput up to 5,000 transactions per second, enforced on-chain royalties and transaction fees priced around $0.005. In addition, game developers will be able to deploy their own game chains while interoperating with the main Enjin chain. “Enjin’s migration from its legacy solutions exemplifies the community’s dedication to progress in its pursuit of mass-market success,” said Rene Stefancic, chief operating officer of Atlas, which is the company developing out the technology.
Longstanding blockchain gaming platform Enjin has completed its migration from Ethereum to its new Polkadot-based Enjin Blockchain, which is specifically designed for NFTs. Launched in 2017, over 200 million NFTs have been minted on Enjin’s Ethereum-based platform and users can now migrate all these assets using Enjin’s migration tools. In addition, Enjin is providing free transactions on its new blockchain for the next three months. More generally, Enjin’s decision to move to Polkadot enables its ecosystem to take advantage of features including a throughput up to 5,000 transactions per second, enforced on-chain royalties and transaction fees priced around $0.005. In addition, game developers will be able to deploy their own game chains while interoperating with the main Enjin chain. “Enjin’s migration from its legacy solutions exemplifies the community’s dedication to progress in its pursuit of mass-market success,” said Rene Stefancic, chief operating officer of Atlas, which is the company developing out the technology.
Crypto Could See a Massive Rugpull if Bitcoin ETFs are Denied
A famous analyst, Analyst Nate has issued a warning to the crypto community, warning that the crypto world could see the biggest price drop in history if the BTC ETF is not approved, regardless, he believes the chances of approval are very high.
A famous analyst, Analyst Nate has issued a warning to the crypto community, warning that the crypto world could see the biggest price drop in history if the BTC ETF is not approved, regardless, he believes the chances of approval are very high.
🖼 Asian messaging giant LINE raises $140 million to expand NFT venture
LINE NEXT, the South Korea-based NFT arm of messaging giant LINE, raised $140 million in investment to “popularize the Web3 ecosystem.” In a statement released today, LINE claimed the investment was “the largest funding round in the Asian blockchain Web3 industry for this year.” It was led by Crescendo Equity Partners, a Peter Thiel-backed private equity firm. With the new capital, LINE plans to officially launch its global NFT platform DOSI in January 2024. "During the beta service, DOSI's top markets of active users are from Korea, Japan, Thailand, Taiwan, Indonesia, Vietnam and India," a LINE NEXT spokesperson told The Block. "We aim to popularize the platform globally through official launch." LINE NEXT also plans to help brands to “give ownership” of existing digital products and allow them to be traded. The social media giant intends to introduce web3 games featuring its existing characters known as BROWN & FRIENDS. “We hope to build a standard for Web3 apps that general users can easily use and adopt blockchain to all sorts of services and brands of Web2,” Kevin Lee, the managing partner of Crescendo, said in the statement.
LINE NEXT, the South Korea-based NFT arm of messaging giant LINE, raised $140 million in investment to “popularize the Web3 ecosystem.” In a statement released today, LINE claimed the investment was “the largest funding round in the Asian blockchain Web3 industry for this year.” It was led by Crescendo Equity Partners, a Peter Thiel-backed private equity firm. With the new capital, LINE plans to officially launch its global NFT platform DOSI in January 2024. "During the beta service, DOSI's top markets of active users are from Korea, Japan, Thailand, Taiwan, Indonesia, Vietnam and India," a LINE NEXT spokesperson told The Block. "We aim to popularize the platform globally through official launch." LINE NEXT also plans to help brands to “give ownership” of existing digital products and allow them to be traded. The social media giant intends to introduce web3 games featuring its existing characters known as BROWN & FRIENDS. “We hope to build a standard for Web3 apps that general users can easily use and adopt blockchain to all sorts of services and brands of Web2,” Kevin Lee, the managing partner of Crescendo, said in the statement.
JUST IN :UK to Cooperate With Crypto Industry on Legislation for Digital Securities
The government said its plans for a digital securities sandbox (#DSS) were largely welcomed by respondents.
The government said its plans for a digital securities sandbox (#DSS) were largely welcomed by respondents.
🖼 Red Bull Formula 1 team drops NFTs after dominant season
Formula 1 racing team Oracle Red Bull is commemorating a strong showing in 2023 with a collection of digital collectibles. With two drivers atop the 2023 Formula 1 standings, Red Bull's racing team is dropping a collection of digital collectibles to commemorate its dominant year. Drivers Max Verstappen and Sergio Pérez ranked number one and two this year respectively, which also made Red Bull the clear leader among all other teams. The team is issuing NFTs to help fans remember the successful year. "The launch follows the most successful year in history for Oracle Red Bull Racing who set records for most championship points in a single season," Red Bull said in a statement. "The collectibles will feature unique art designed by Automobilist, an award-winning design studio with individuals passionate about creating designs and art around all things motorsport. The NFTs will be available via Bybit.com." Sports lovers have for several decades collected memorabilia and collectibles that they either treasure or perhaps later sell. In recent years, the push to bring the pastime into the digital age has attracted a lot of big name sports leagues and players within web3, including NBA Top Shot from Dapper Labs and Candy Digital's Major League Baseball NFTs.
Formula 1 racing team Oracle Red Bull is commemorating a strong showing in 2023 with a collection of digital collectibles. With two drivers atop the 2023 Formula 1 standings, Red Bull's racing team is dropping a collection of digital collectibles to commemorate its dominant year. Drivers Max Verstappen and Sergio Pérez ranked number one and two this year respectively, which also made Red Bull the clear leader among all other teams. The team is issuing NFTs to help fans remember the successful year. "The launch follows the most successful year in history for Oracle Red Bull Racing who set records for most championship points in a single season," Red Bull said in a statement. "The collectibles will feature unique art designed by Automobilist, an award-winning design studio with individuals passionate about creating designs and art around all things motorsport. The NFTs will be available via Bybit.com." Sports lovers have for several decades collected memorabilia and collectibles that they either treasure or perhaps later sell. In recent years, the push to bring the pastime into the digital age has attracted a lot of big name sports leagues and players within web3, including NBA Top Shot from Dapper Labs and Candy Digital's Major League Baseball NFTs.
🖼 The Sandbox introduces new NFT royalties redistribution system
The crypto market is abuzz with excitement, with The Sandbox (SAND), Polygon (MATIC), and Everoldge (ELDG) at the center of it all. The Sandbox recently introduced a revised NFT royalties redistribution system, which will allow creators to earn passive income for years. In other exciting news, Polygon launched the new Polygon Portal, serving as an improved gateway to Polygon chains. Meanwhile, Everlodge, a new ICO, is in the spotlight for its potential disruption of the trillion-dollar property market. The Sandbox (SAND) is a virtual gaming world where users can build, own, and monetize their gaming experiences. It is among the top altcoins on the market thanks to its incredible contribution to the crypto space. The community is currently buzzing with excitement following a big announcement. The Sandbox news that has been making the rounds concerns NFT creators. In a tweet released by the team on December 13, it announced the introduction of a new NFT royalties redistribution system. With this new update, NFT creators will automatically receive 2.5% of royalties from assets sold on The Sandbox marketplace. Previously, the platform received all 5% of royalties from secondary asset sales.
The crypto market is abuzz with excitement, with The Sandbox (SAND), Polygon (MATIC), and Everoldge (ELDG) at the center of it all. The Sandbox recently introduced a revised NFT royalties redistribution system, which will allow creators to earn passive income for years. In other exciting news, Polygon launched the new Polygon Portal, serving as an improved gateway to Polygon chains. Meanwhile, Everlodge, a new ICO, is in the spotlight for its potential disruption of the trillion-dollar property market. The Sandbox (SAND) is a virtual gaming world where users can build, own, and monetize their gaming experiences. It is among the top altcoins on the market thanks to its incredible contribution to the crypto space. The community is currently buzzing with excitement following a big announcement. The Sandbox news that has been making the rounds concerns NFT creators. In a tweet released by the team on December 13, it announced the introduction of a new NFT royalties redistribution system. With this new update, NFT creators will automatically receive 2.5% of royalties from assets sold on The Sandbox marketplace. Previously, the platform received all 5% of royalties from secondary asset sales.
Shares of Tencent, China's biggest company, just dropped by 16%.
This is its largest drop since the 2008 financial crises.
This is its largest drop since the 2008 financial crises.
🇨🇳 China’s Largest Telecom Operator Launches NFT Market LinkNFT
The primary objective is to provide Hong Kong citizens with easy access to the next generation of Web3.0 Internet, fostering a unique experience and contributing to the establishment of a new digital economy and society. This initiative aims to propel Hong Kong into the forefront of the Web3.0 era, emphasizing the convergence of virtual and physical realms. LinkNFT offers enterprises digital asset NFT casting services, facilitating the generation, transaction. LinkNFT offers enterprises digital asset NFT casting services, facilitating the generation, transaction, and circulation of digital assets across various scenarios such as SocialFi, DeFi, and GameFi. Currently integrated with CMChain, LinkNFT is Web3.0 compatible through CMChain’s three-in-one cross-chain standard components: the CMChain Web3.0 Center cross-chain service agreement, cross-chain adapter, and cross-chain smart contract association chain. China Mobile Hong Kong (CMHK) has collaborated across diverse sectors to pioneer the release of over 30 NFTs on LinkNFT. This collection also comprises 20 commemorative NFTs from the MyLink ArLink series, along with 15 NFTs from entities such as United Publishing House and Migu Music.
The primary objective is to provide Hong Kong citizens with easy access to the next generation of Web3.0 Internet, fostering a unique experience and contributing to the establishment of a new digital economy and society. This initiative aims to propel Hong Kong into the forefront of the Web3.0 era, emphasizing the convergence of virtual and physical realms. LinkNFT offers enterprises digital asset NFT casting services, facilitating the generation, transaction. LinkNFT offers enterprises digital asset NFT casting services, facilitating the generation, transaction, and circulation of digital assets across various scenarios such as SocialFi, DeFi, and GameFi. Currently integrated with CMChain, LinkNFT is Web3.0 compatible through CMChain’s three-in-one cross-chain standard components: the CMChain Web3.0 Center cross-chain service agreement, cross-chain adapter, and cross-chain smart contract association chain. China Mobile Hong Kong (CMHK) has collaborated across diverse sectors to pioneer the release of over 30 NFTs on LinkNFT. This collection also comprises 20 commemorative NFTs from the MyLink ArLink series, along with 15 NFTs from entities such as United Publishing House and Migu Music.
